S&P (e-mini ) 26 JAN 2010 Daily recap

"US markets trading around support levels (Weekly lows & January 50% levels)

At this stage I'm still treating US markets as range bound between the lows and the Weekly 50% levels"



S&P Weekly and Daily range

S&P supported, and whilst the market is traing around support I have an upwards bias towards the Weekly 50% level by Friday.

Expected sideways patterns between support and the Weekly levels.